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Non-Cash Assets
In order to help you maximize your giving, Hope's Heart, through our partnership with Servant Christian Community Foundation (SCCF), has the capacity to receive gifts of the following non-cash nature:
• Vehicles
• Business inventory
• Personal Property- artwork, antiques and other collectibles
• Real estate- land, houses or other properties
• Stock
• Estate gifts- proceeds from wills, trusts or life insurance policies
• Loan notes- money owed to you through loan notes
• Retirement plans- 401Ks, IRAs or pension plans
• Life insurance- term, whole, universal or variable
• Other Personal property- royalties, copyrights, patents or precious metals like gold
Why should you donate non-cash gifts to Hope's Heart?
• You receive a greater tax deduction, generally for fair market value
• You avoid capital gains taxes on sale of the asset and lessen your estate tax liability
• The Servant Christian Commnity Foundation handles the administrative burdens for you
• Because of your deduction, ultimately more money goes toward helping the orphans, rather than to the Federal government
We would be happy to assist you with your donation.
Please contact us at info@HopesHeart.org or by calling (913) 764-6750.
Thank You !
Why should you donate a vehicle to Hope's Heart?
• Free pickup and free towing nation-wide; fully licensed and insured
• Maximize the value of your donation
• Your donation may be tax deductible
• A quick and easy way of disposing of vehicles that are no longer needed
• All types of vehicles accepted including autos, boats/yachts, trucks, sport utilities, motor homes, airplanes
• Donate on-line 24 hours a day
Benefits to you!
1. Simple, easy process- avoid the issures with private sale or trade-in.
2. Nationwide pick-up and towing at no charge to you.
3. We are part of a national vehicle donation program that is fully licensed and insured.
4. Tax deductible gift based on current IRS tax laws. Check with your tax advisor or read IRS Publication 526.
5. You can make an important contribution to our ministry and those we serve.
Vehicle types
• General Type Vehicles
Automobiles, trucks, SUVs, vans, motorcycles, utility trailers, campers, and RVs.
• Construction Vehicles
Bulldozers, road graders, backhoes, rock trucks, paving equipment.
• Special Vehicles
Lumber trucks, industrial equipment, farming equipment
• Sea Vessels
Power boats, yachts, sail boats, commercial fishing
The Process!
1. Gather your vehicle's make, model, vehicle identification number and current mileage.
2. Link to the vehicle donation site and fill in your contact information.
Under the 'Ministry Fund' dropdown box, choose 'OTHER' .
In the 'Comments about Gift ' box at the bottom, write 'For the benefit of Hope's Heart Orphan Foundation'.
3. We will contact you with instructions and arrange pick-up.
4. When the gift is complete you will receive a receipt for your contribution and after the vehicle is sold, you will receive an IRS form 1098c stating the gross sales price of the vehicle for your tax records.
Please contact us at (913)764-6750 to be sure your form has been received, or to answer any questions or concerns.
Business problems can now be turned into a business benefit while at the same time helping countless orphans, through such potential gifts as:
-- Overstocked Merchandise
-- Cancelled Orders
-- Returned goods or Trade-ins
-- Off Specification Raw Materials
-- Excess production or Overruns
Consider how Hope's Heart can help your Corporation dispose of inventory while receiving a Gifts In Kind receipt and avoiding disposal costs. Contact us (913)764-6750 if you are a business which produces, manufactures, distributes, or retails consumer merchandise, commercial products, or industrial equipment. We welcome the opportunity to work with you.
Structuring corporate inventories as a charitable donation is a powerful way to help invest in the lives of others, and it makes great sense for your business. Your business has an incredible opportunity to convert business assets to support causes that are important to you and your employees. It takes the inventory off your shelves and puts it to work.
• Managed Process- Saves you from the issues of warehousing, selling or disposing on your own.
• Protect Your Interests- We will work with your recommendations.
• Charitable Donation based on current IRS tax laws. Check with your tax advisor or read IRS Publication 526.
• Impact- You can make an important contribution to our ministry and those we serve.
What Can Be Given?
Through our Foundation we can accept a variety of inventory donations and sell them through domestic and worldwide markets and buyers. Our Inventory Donation Program can help facilitate a variety of inventories including (but not limited to):
• Food [canned, dried] • Toys
• Beverages • Clothing
• Books • Consumer Merchandise
• Electronics • Industrial Equipment
• Building Materials
• Arts and Antiquities
The Process!
The process for giving inventories is managed for you. To inquire whether your inventories can work to your advantage as a charitable deduction, please call our Foundation (913) 764-6750. The process is:
1. Complete a Proposed Inventory Donation Form.
2. We will contact you to discuss the inventory.
3. We will develop and assess the marketability of the inventory.
4. Proceed with acceptance and liquidation.
While we can accept a wide range of products, there are some restrictions, so please check with us to see how your inventory can be converted into a charitable donation.
Each gift of inventory is considered on a case-by-case basis. It is always a good idea to seek legal and tax advice from your professional advisor(s).
We would be happy to assist you with your donation.
Please contact us at info@HopesHeart.org or by calling (913) 764-6750.
Thank You ! |
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